A playground will soon re-open in Zearing after a $2,500 agreement is reached.The Colo-NESCO School District and the tax deed holder reached the settlement Monday.Colo-NESCO Superintendent Steve Gray told KCCI Thursday that school district purchased the land in June 2013 for approximately $12,000, but an unresolved tax payment of $248 at the time put the land on a tax sale.Gray said the district was unaware of the tax payment that was due. As a result, Mr. Mague Holdings LLC of Ames made the payment in 2014, and the property was sold.That tax deed holder put a padlock on the property and initially asked that the school district pay $50,000 for the property.The deed holder agreed Monday to give the park back to the school for $2,500.The district will re-open the playground as soon as the title is transferred.

ZEARING, Iowa —

A playground will soon re-open in Zearing after a $2,500 agreement is reached.

The Colo-NESCO School District and the tax deed holder reached the settlement Monday.

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Colo-NESCO Superintendent Steve Gray told KCCI Thursday that school district purchased the land in June 2013 for approximately $12,000, but an unresolved tax payment of $248 at the time put the land on a tax sale.

Gray said the district was unaware of the tax payment that was due. As a result, Mr. Mague Holdings LLC of Ames made the payment in 2014, and the property was sold.

That tax deed holder put a padlock on the property and initially asked that the school district pay $50,000 for the property.

The deed holder agreed Monday to give the park back to the school for $2,500.

The district will re-open the playground as soon as the title is transferred.